Argentina Hires New Lawyers in Debt Battle

TODAY: Feb. 10, 2016 PUB DATE: Feb. 10, 2016

By Julie Wernau Argentina is putting on a new face for the judge who will ultimately decide the outcome for a 15-year debt battle that has locked the country out of capital markets. The Argentine government said Tuesday that New ...

Hopes for Recovery in UK Industry Dented After Output Fell Again in Dec

TODAY: Feb. 10, 2016 PUB DATE: Feb. 10, 2016

By Jon Sindreu and Jason Douglas LONDON--The decline in U.K. industrial production accelerated in December, official figures showed Wednesday, denting hopes for a tentative recovery in the sector this year. Industrial output dropped 1.1% on the month, the Office for ...

Japan Shares Remain Under Pressure

TODAY: Feb. 10, 2016 PUB DATE: Feb. 10, 2016

Shares in Japan continued to stumble Wednesday, hitting their lowest level since October 2014 as concerns persisted about the health of the global economy. The Nikkei Stock Average was last down 1.7% to 15820.62, adding to its 5.4% decline the ...

Asian Rubber Futures End Lower on Broader Market Weakness

TODAY: Feb. 10, 2016 PUB DATE: Feb. 10, 2016

By Lucy Craymer Tokyo rubber prices came under pressure during the day session following weakness in markets across the region. The Nikkei Stock Average closed down 2.3% at 15713.39 and is currently at its lowest level since October 2014 when ...

Italy's Industrial Production Unexpectedly Declines in December

TODAY: Feb. 10, 2016 PUB DATE: Feb. 10, 2016

By Liam Moloney ROME--Italy's industrial production fell unexpectedly in December, posting a decline in all sectors but one, a sign that the country's economic recovery remains fragile after emerging from its longest postwar recession. Industrial output in the eurozone's third-largest ...

Asahi Offers About $3.5 Billion for Peroni, Grolsch

TODAY: Feb. 10, 2016 PUB DATE: Feb. 10, 2016

TOKYO?Asahi Group Holdings Ltd. has offered to buy two European beer brands that SABMiller PLC and Anheuser-Busch InBev NV want to sell to address regulatory concerns about their planned merger, according to a person familiar with the matter. The offer ...

Suzuki Pays Damages to Volkswagen, Settling Dispute

TODAY: Feb. 10, 2016 PUB DATE: Feb. 10, 2016

FRANKFURT?Suzuki Motor Corp. will pay an undisclosed amount in damages to Volkswagen AG, ending a long-running dispute between the two car makers that involved an alleged breach of contract by the Japanese company to purchase diesel engines from its German ...

S&P 500, Nasdaq Futures -- Technical Analysis

TODAY: Feb. 10, 2016 PUB DATE: Feb. 10, 2016

Chicago Mercantile Exchange March S&P; 500 Futures 2108.90 -- lifetime high 2042.00 -- previous month's high 1992.56 -- 100-day moving average 1913.47 -- second pivot point resistance 1891.90 -- 9-day moving average 1885.44 -- 18-day moving average 1882.73 -- first ...

U.S. Treasury Yield Curve Flattest Since 2007 on Yellen Comments

TODAY: Feb. 10, 2016 PUB DATE: Feb. 10, 2016

By Min Zeng Investors pushed down the yield premium of the benchmark 10-year U.S. government note over the two-year note to the slimmest level since December 2007 after Federal Reserve Chairwoman Janet Yellen reiterated a gradual path in raising interest ...

Time Warner Outlook Solid; Revenue Misses--3rd Update

TODAY: Feb. 10, 2016 PUB DATE: Feb. 10, 2016

By Lisa Beilfuss Time Warner Inc. offered an upbeat forecast for the year after topping earnings expectations in its fourth quarter, thanks to lower costs and continued gains in its HBO segment. The media giant also raised its quarterly dividend ...

CURRENCIES: Dollar Holds Gains After Yellen Statement

TODAY: Feb. 10, 2016 PUB DATE: Feb. 10, 2016

By Joseph Adinolfi, MarketWatch , Hiroyuki Kachi Statement sparks a slight bias away from risk, one analyst says The dollar was little changed against its main rivals Wednesday after Federal Reserve Chairwoman Janet Yellen assured investors in a prepared statement ...

U.S. Grains Fall on Big Supplies; Soybeans Rise

TODAY: Feb. 10, 2016 PUB DATE: Feb. 10, 2016

By Jesse Newman CHICAGO--U.S. grain prices futures declined in early trading Wednesday amid fresh evidence of ample domestic supplies. Soybeans gained. Corn prices fell, extending losses after federal forecasters in a monthly crop report on Tuesday pegged domestic stockpiles of ...

Zumbrota, Minn Hog Market Steady At $40.00 - Feb 10

TODAY: Feb. 10, 2016 PUB DATE: Feb. 10, 2016

Barrow and gilt prices at the Zumbrota, Minn., livestock market today were steady at $40.00 per hundredweight. Sow prices are steady. Sows weighing under 450 pounds were at $39.00-$41.00, 400-450 pounds were at $39.00-$41.00, 450-500 pounds were at $39.00-$41.00 and ...

CoCos: What's all the fuss about?

TODAY: Feb. 10, 2016 PUB DATE: Feb. 10, 2016

By Tommy Stubbington and Christopher Whittall Behind a recent scare for global investors in banks is a risky new breed of bond with a catchy abbreviation--the CoCo. But what exactly is it? Contingent convertible bonds, or CoCos, are complex financial ...

Bondholder Group Rejects Puerto Debt-Swap Plan

TODAY: Feb. 10, 2016 PUB DATE: Feb. 10, 2016

A group of Puerto Rico bondholders has proposed a competing plan in response to the bond swap the U.S. commonwealth announced on Feb. 1, the latest twist in a long-running battle over the terms that will determine an expected restructuring ...

Time Warner Outlook Solid; Revenue Misses--4th Update

TODAY: Feb. 10, 2016 PUB DATE: Feb. 10, 2016

By Keach Hagey and Lisa Beilfuss Time Warner Inc. offered an upbeat forecast for the year after topping earnings expectation in the fourth quarter, largely thanks to lower tax costs. But operationally, the picture was more mixed, as adjusted operating ...